Markets and the Presidents Day holiday
After the market volatility of the past week, traders and investors will pause to recognize the Presidents Day holiday.
Princeton economist warns Biden’s tax on stock buybacks will hurt your 401(k)
Economist Burton Malkiel explains how corporate stock buybacks are "exactly" the kind of thing you want from a capitalist system, and says Biden's proposals are "just wrong."
The Fed, Biden using the '70s inflation 'playbook' to solve supply problem, market expert says
Is inflation's rocky landing inevitable with a "relatively clueless" Federal Reserve and Biden administration? Federated Hermes CIO Stephen Auth weighs in.
Wall Street economist says recession in 2023 will look like biggest crisis of the 1970s
Piper Sandler chief global economist Nancy Lazar warns people are too focused on a recession that feels like 2008, when it's more similar to volatility in 1973-74.
Florida orange growers struggle to keep juice on tables after 'unprecedented setbacks' squeeze industry
Beck Brothers Citrus President Glenn Beck is "trying to survive now just for the hope of a better day" as Florida's orange supply is squeezed by freezes, diseases and hurricane damage.
US fighting a remote work ‘tug of war’ as employees look for ‘compromise,’ expert says
Will employers be forced to compromise with their employees who want to work remotely and have a greater work-life balance? RedBalloon CEO Andrew Crapuchettes believes so.
Experts rip Biden admin as US oil giants bet big on Americas: ‘White House lampooning our own industry’
Stephen Schork and John Catsimatidis slammed the White House's "vitriol" towards U.S. oil producers and called for "long-term commitment" to the industry to boost jobs and the economy.
Whole Foods slammed over Maine lobster ban: It 'hurts' fishing families
Maine Lobster Association President Kristan Porter said Whole Foods' "negative message" about the industry will "hurt" fishing families' jobs and income.
Crypto investor scammed by FTX: 'I made the wrong decision'
Entrepreneur and crypto investor Evan Luthra breaks down the financial loss he suffered from the shocking collapse of the crypto exchange platform, FTX.
Mortgage rates climb back above 7%
Mortgage rates have seen record high's over the last 10 weeks, climbing to and the hovering around 7%. This week they climbed up to 7.08% doubling last year.
A survival guide for when you’ve been laid off
Being laid off from companies like Meta and Twitter due to an economy on the edge of a recession is out of your control, but here's how to control your fate.
Paul Ryan makes a 'good bet' on US oil and gas by backing domestic producer's SPAC deal
Former Speaker of the House Paul Ryan hopes his SPAC deal with a U.S. oil producer is "great for jobs, great for foreign policy" and "great for bringing inflation down."
US corporate bond ETFs plunge in global debt market rout
Corporate Bond ETF's in the US, including many of BlackRock's, sink further as the UK bond market and US inflation have investors weary of a global debt crisis.
After 14 years, Lehman Brothers' brokerage ends liquidation
Bankruptcy Judge Chapman closed the brokerage's estate on Wednesday and awarded final payments to the trustee and his law firm who oversaw the liquidation.
Ford’s latest supply-chain snarl: not enough blue oval badges
Ford delayed deliveries of vehicles because it didn’t have the blue oval badges for them, in an example of how supply-chain challenges have hit auto makers.
Strikes becoming more common amid inflation, tight labor market
Workers across a range of industries are going on strike, seeking pay raises to catch up to inflation, while a tight labor market has taken away some risk.
Justice Dept short-selling probe looks at trading in Amazon, Microsoft, JPMorgan: report
The Department of Justice has subpoenaed some short sellers for trading information on firms including Amazon, Microsoft, and JPMorgan Chase, in probe.
California's electrical grid operator urges conservation for 3rd-straight day amid 'worst heat wave' this year
The California Independent System Operator has issued another Flex Alert for Thursday, encouraging homeowners to conserve energy to maintain power grid stability.
Instacart revenue growth accelerates ahead of planned IPO
Instacart eyes IPO as revenues grow in Q1 and Q2 increasing its valuation. Competitor Doordash's revenue increased less. Pandemic helped both companies.
Stock futures gain ahead of bank earnings, retail sales
Traders are bracing for another round of earnings reports Friday morning including the latest results from Citigroup and Wells Fargo.